STORY: Shares of Oracle rebounded this week after falling Friday on the possibility of a looming TikTok ban in the US.
Oracle hosts TikTok's US user data on its servers, reviews the app's source code and delivers the app to the app stores.
Reports this week of a possible TikTok sale to Elon Musk could help Oracle keep the short-form video app as a customer, Krawez said.
Regardless, he believes Oracle's stock is “one that investors can own” given the tech giant's strong cloud business.
